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Kothari Fermentation & Biochem gets nod to adopt new business in Mineral and Metals

15 Nov 2023 Evaluate

Kothari Fermentation & Biochem has received approval to adopt new business in Mineral and Metals. The estimated investment required for the said business is Rs 1 crore and expected benefit from new line of business is Rs 20 lakh in full financial year. The Board of Directors at their Meeting held on November 14, 2023 considered and approved the same. 

Kothari Fermentation & Biochem was incorporated on December 26, 1990 and has been engaged in the manufacture of yeast and its derivatives.

Peers
Company Name CMP
Nestle India 1254.00
Varun Beverages 419.80
Britannia Industries 4705.00
LT Foods 406.30
Hatsun Agro Product 1143.95
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